Summary:
Warren Buffett'S Management Secrets
The book is divided into several sections covering Warren Buffett's personal business management:
Managing one's life - focuses on Buffett's insistence on a good education, picking one's heroes early in life, and staying away from things that damage you personally. The authors also discuss Buffett's belief that challenges make life interesting.
Managing One's Career - Buffett believes that you should work at something that you are passionate about. Do what you like and you will find a way to make money. Do what you hate and you will be miserable even if you are rich.
Managing Employees - place honesty on the same level as intelligence as a managerial attribute. How to keep managers inspired and working hard.
Managing the Business - Buffett has learned that companies that have a durable competitive advantage over their competitors consistently earn more money year after year and are the easiest to manage.
Managing of Personal Money - discover the simple rules that Buffett uses for buying other businesses and how he has incorporated them into his own personal investment style.
About The Author
Mary Buffett is an international bestselling author and speaker on the investment methods of Warren Buffett. She gained her unique insight while married to Warren's son Peter for twelve years.
David Clark holds degrees in both finance and law, and in the late seventies was the founding member of the original Buffettologists - a small group of early Berkshire shareholders who studied the investment methods of Warren Buffett. He is now the Managing Director of a private partnership that invests primarily in arbitrage situations.
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